Has Blackrock Absolute Alpha lost it's shine?

earlgrey_3

Yant1 wrote: »

I know everything about the fund...

Ah Mr Yant, I'm sure you do. I've just been glacing at your other pearls of financial wisdom. :rolleyes:

Like your confident tip on the share to buy:

Yant1 wrote: »

Easy choice, RBS
It might go lower but not by much...The rumours about it needing to raise capital have been proven false as it reported record profits, I guess its diversity means it escapes the affects of the mortgage banks.

That was in March when RBS stood at 334p, before the widely forecasted rights issue (that probably only you didn't believe) and the subsequent fall to below 200p

And your recommendation for Brad and Bing's first failed attempt at a rights issue and before it fell by 70%

Yant1 wrote: »

You will most definatly want to take up the rights offer..

And

Yant1 wrote: »

With the declared dividend yield now being 12%ish you wonder why people bother saving when they can simply own the bank and get twice the return.

Fortunately even novice investors had more sense.

And

Yant1 wrote: »

Negative sentiment is coming to an end the FTSE100 will be over 7000 by the end of the year.

So many of your financial gems to pick from. :rolleyes:

The problem is, don't you realise that there could be people who know even less than you who could take your seriously? Your fantasies of being a financial guru and whacky share tips could cost people serious money.

[Deleted User]

Come back in 5 years and if the performance of those two stocks havent beaten the absolute alpha fund then you can be a smarty pants but for now you are basically arguing a long-short fund can produce absolute returns over long only funds.

Ask any real seasoned market player or experienced investor and they will tell you that there is as much chance of a long-short fund losing huge amounts of current market value as a long only fund. In fact long-short funds statistically underperform long only funds, do you RESEARCH!!!, maybe due to increased gambling nature and it is very much a time-based gamble being long-short.

BTW I stil believe B+B stock holders should take up the RI and ensure their holdings arnt diluted. RBS is also most definatly a good long term buy as I have previously stated no doubt the more seasoned investors such as purch will agree with me.

Any body that slates short term investment performance doesnt know the nature of investing. You do know your talking to somebody with a 2 million pound stock portfolio? When it comes to investing, ive been there through every bear market and I have came out 3-4-5 times richer then before. Ive read almost every book on technical analysis, growth and value, dynamic analysis, business and economics, balance sheets.

SO IT DOES ANNOY ME when joe bloggs the local kebab shop owner gives out such sound advice as a long-short fund shouldnt drop 2%. It could drop 30% tomorrow if a plane crashes into canary wharf, its just a fact of investing, get used to it or dont do it. The worst thing any investor can do is constantly switch funds as todays underperformers can rapidly become tomorrows leader board as the main stocks invested in come into favour again.

[Deleted User]

"What seems to have been lost in all the 'hype' surrounding this and other Absolute Return funds is their high risk nature.

The 'hype' has tried to make out that these are low risk funds, which couldn't be further from the truth.

I bought into this fund at it's launch, and I am going to stay in it for a lot longer, as it will take a long time before a proper evaluation can be made, but I have never ever considered the fund anything other than a tool for diversification of my portfolio, not a low risk guaranteed return vehicle. "

This is what Purch says on the first page, and its one hundred percent correct, the fact that you want to switch after a 2% drop highlights that YOU are the one that is the novice investor and you really should be sticking it in a ICESAVE account before you lose a lot of money trying to chase fantastic performance but actually just buying high and selling low the ultimate investment sin of the financially blind.

[Deleted User]

BTW B+B is trading above the RI price so my advice has made some people a lot of money already!!!!!

:P

You do realise that there will be another property boom at some time in the future and thus buying in a dip/firesale and selling in a boom makes a fortune when slow trading banks.

If you look back at my posts further you will see posts such as "get out of banks and get into gold" but NOW I believe from my charts commodities have peaked and the sector rotation is underway. But buying banks at less then book value (or indeed any company) is a not bad thing. But if you havent mastered funds yet then the market is not for you yet and the key undermining principle is DO YOUR OWN RESEARCH AND TAKE YOUR OWN REASONED RISKS. Please also note my cautious posts advising that getting into NRK stock might not be a good idea that might have helped people think twice.

Warren Buffett recently bought a load of american express stock at $45 dollars its now $36 dollars so i presume you believe hes and idiot too. Hes also down on his Walmart stock he bought a few years ago, WHAT AN IDIOT EH!

jamesd

Well, this fund did go up on Friday's valuation from 117.6p to 118p. End of the down or steady run.

Of course, many other things went down... so it's no surprise that a shorting fund gained from it.

ChloeRadshaw

Yant1 wrote: »

You do know your talking to somebody with a 2 million pound stock portfolio?

What a clown :rotfl:

ChloeRadshaw

earlgrey wrote: »

Ah Mr Yant, I'm sure you do. I've just been glacing at your other pearls of financial wisdom. :rolleyes:

Like your confident tip on the share to buy:

That was in March when RBS stood at 334p, before the widely forecasted rights issue (that probably only you didn't believe) and the subsequent fall to below 200p

And your recommendation for Brad and Bing's first failed attempt at a rights issue and before it fell by 70%
And
Fortunately even novice investors had more sense.

And


So many of your financial gems to pick from. :rolleyes:

The problem is, don't you realise that there could be people who know even less than you who could take your seriously? Your fantasies of being a financial guru and whacky share tips could cost people serious money.

Good solid analysis! Nice stuff

[Deleted User]

ChloeRadshaw wrote: »

What a clown :rotfl:

Im a seasoned and well trained investor that believes that anyone who posts that a investment long-short fund shouldnt drop 2% and who comes on here to moan about it is the biggest clown there is.

Of course it should drop 2% and who knows if the fund managers bets that have gone right so far turn around and he doesnt switch his bets in time, then it could fall much further.

There is no such thing as absolute returns in the stock market and any body who says that an investment that has fell in value makes it a bad investment is also one huge clown, so you chloe can join earlgrey in the ranks of unwise investors. Who by impatience and arrogance will lose yourselves a lot of money as you try your hands at investing.

Read the books and then come back and argue with me rather then be a keyboard warrior spending all your time just repeating what lies newspapers print.

Answer me these questions three
How long have you been investing/trading chloe?
What shares/funds are you currently invested in?
Why have you invested in them?
What is a candlestick chart?
If you invested £10,000 in RBS or BARC shares in the 80s gloom after a 60% fall in its share price and reinvested the dividends how much money would you have now?

[Deleted User]

"The best time to consider investing is during a bear market, a cash call (rights issue) or some other negative event in a company that is unlikely to go bankrupt"

Quote from one of the best investors in the modern history of the markets.

Jonbvn

Yant1,

There is a grain of truth in your posts. However, generally speaking your posts are sanctimonious in the extreme.